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An update from Xali Gold Corp. ( (TSE:XGC) ) is now available.
Xali Gold Corp. has announced successful results from its 2024 drilling and metallurgical testing program conducted by Kappes, Cassiday and Associates at the El Oro Tailings Project in Mexico. The program has enhanced resource confidence and indicated a potential 10 to 15% increase in resource size, along with higher gold and silver grades. With optimized recovery processes, KCA estimates recovery rates of up to 82% for gold and 86% for silver, suggesting excellent potential for a profitable operation.
More about Xali Gold Corp.
Xali Gold Corp. operates in the mining industry, focusing on the exploration and development of gold and silver resources. The company is primarily engaged in reprocessing mine tailings to optimize recovery of precious metals, with its key project located in El Oro, Mexico.
Average Trading Volume: 126,252
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$4.98M
For detailed information about XGC stock, go to TipRanks’ Stock Analysis page.
